Based on the last 12 Balance of Trade events in Australia, we expect a 10 pip movement on USDCHF within 4 hours following the event release at 2022-12-08 00:30. We expect USDCHF to trend upwards 4 hours following the event release at 2022-12-08 00:30 if the released value is > A$12.1B
Historical events that allowed us to draw this conclusion
04 Aug 01:30 |
02 Jun 01:30 |
05 May 01:30 |
03 Mar 00:30 |
02 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
